Business

October 27, 2020
T-Mobile offers up yet another TV streaming service

Yet another service provider is jumping into the TV streaming wars. This time it's T-Mobile and its TVision service with live news, entertainment and sports channels, starting at $10 a...

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October 27, 2020
Almost 200 European airports may go bust, putting nearly 280,000 jobs at risk

ACI Europe airports association warns that 193 airports are at risk of insolvency in the coming months if passenger traffic does not start to recover from the coronavirus shock. These...

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October 27, 2020
BRICS bank provides member nations with over $10 BILLION in emergency assistance to fight pandemic

The potential of the BRICS nations is unique, and the group's New Development Bank (NDB) is showing high financial efficiency during the global Covid-19 crisis, Russian representatives at the Sixth...

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October 27, 2020
Markets ‘divorced from reality’ as Covid-19 infections surge – analyst to Boom Bust

The growing number of coronavirus infections have pushed global stocks down, but market fluctuations are still far from what were seen in March, when the coronavirus started rapidly spreading across...

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October 27, 2020
Markets ‘divorced from reality’ as Covid-19 infections surge – analyst to Boom Bust

The growing number of coronavirus infections have pushed global stocks down, but market fluctuations are still far from what were seen in March, when the coronavirus started rapidly spreading across...

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October 27, 2020
China in post-Covid race for global economic dominance – Max Keiser

Max Keiser and Stacy Herbert of the Keiser Report look into corporate buybacks of the biggest US corporations which have continued for two decades, while in China business is booming....

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October 27, 2020
Mystery crypto whale just moved over $1.1 BILLION in bitcoin, paying less than $4 for transaction

The bitcoin network has recently seen the largest dollar value transaction in history, as an anonymous holder moved more than 88,857 bitcoin (BTC) worth around $1.15 billion. The record-breaking transaction...

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October 27, 2020
Pandemic cuts global foreign direct investment in half – UN report

A United Nations trade report issued on Tuesday says that foreign direct investment (FDI) has plunged by 49 percent around the world in the first half of 2020 from the...

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October 27, 2020
China’s industrial profits continue to rise as economy recovers from Covid-19

Major Chinese industrial firms saw their profits surge for the fifth straight month, National Bureau of Statistics (NBS) data shows, as the world's second largest economy continues to recover from...

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October 26, 2020
More pain than gain: Trump’s trade war with China fails to boost US manufacturing

A report by consulting firm Kearney found that US' trade war against China hasn't achieved the key objective of reversing America's decline in manufacturing. Jobs haven't returned to the US,...

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October 26, 2020
India will drive global energy demand – PM Narendra Modi

The fifth annual India Energy Forum began on Monday, chaired by Prime Minister Narendra Modi via video conference. The three-day event will be attended by around 50 CEOs from major...

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October 26, 2020
Tesla sets its sights on new crown jewel: India

As Tesla continues to race for total electric vehicle domination, its next big market opportunity may lay in India. India has some major plans in store for developing the traffic-...

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October 26, 2020
Jack Ma says his new company’s IPO will be ‘the LARGEST in human history’

Alibaba founder Jack Ma says the dual initial public offering (IPO) listings of his fintech company Ant Group in Shanghai and Hong Kong will break the world record as the...

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October 25, 2020
Over half of Europe’s smaller firms may be bankrupt within a year – McKinsey poll

More than 50 percent of small and medium-sized businesses (SMEs) operating in Europe's top-five economic powerhouses fear they will have to close in 12 months as they're struggling to stay...

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October 25, 2020
ISIS calls for attacks on Saudi oil industry

The Islamic State has called on its members to start targeting Saudi Arabia oil infrastructure as punishment for the Kingdom warming up to Israel. “Targets are plenty…Start by hitting and...

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October 25, 2020
Russia to open WORLD’S LARGEST gold mine in Siberia

Russia's largest gold miner Polyus said it is working on securing 100 percent ownership of the Sukhoi Log gold deposit in Siberia, which has estimated reserves of 540 million tons...

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October 25, 2020
Virus is pummeling Europe’s eateries — and winter is coming

As the Friday night dinner service began earlier this month at the De Viering restaurant outside Brussels, it seemed the owners' decision to move the operation into the spacious village...

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October 25, 2020
Economies of Mideast & Central Asia may not fully recover from coronavirus for at least a decade – IMF

The Covid-19 pandemic may inflict deeper economic pain for countries of the Middle East and Central Asia than previous recessions, the International Monetary Fund has warned. In its latest regional...

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October 25, 2020
Youth movement helping to run Georgia elections

Five years ago, when she was a sophomore at Carver High School, helping democracy in the community wasn't what motivated Alana Daniels to be a poll worker. Daniels laughed as...

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October 25, 2020
Youth movement helping to run Georgia elections

Five years ago, when she was a sophomore at Carver High School, helping democracy in the community wasn't what motivated Alana Daniels to be a poll worker. Daniels laughed as...

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October 24, 2020
Big suicide bombing in Kabul kills 18 at education center

The death toll from the suicide attack Saturday in Afghanistan's capital has risen to at least 18 killed and 57 people wounded, including students, the interior ministry said. The explosion...

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October 24, 2020
Russian investors prefer cryptocurrencies over gold – World Gold Council

While gold is considered a safe heaven, it is not currently a mainstream investment among Russians, whose money is more likely to go into other options, including cryptocurrencies. Less than...

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October 24, 2020
Global trade to take major hit this year with Covid-19 resurgence threatening more damage – UN report

The coronavirus crisis is set to cut the volume of global trade by seven to nine percent in 2020 compared to the previous year, a United Nations trade body has...

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October 24, 2020
Global trade to take major hit this year with Covid-19 resurgence threatening more damage – UN report

The coronavirus crisis is set to cut the volume of global trade by seven to nine percent in 2020 compared to the previous year, a United Nations trade body has...

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October 24, 2020
Most of world’s chocolate comes from labor of 1.5 MILLION children, some as young as FIVE – study

A new study from the University of Chicago has revealed a rise in child labor in global cocoa production despite pledges by international companies to stop using cocoa harvested by...

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October 24, 2020
China may be ramping up de-dollarization by dumping US Treasuries, experts say

Beijing may be speeding up the diversification of its foreign exchange reserves away from US dollar assets in response to Washington's potential sanctions, the South China Morning Post reported, citing...

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October 24, 2020
Thousands of Florida students lack online learning equipment

Tania Carrillo got a call at work in early March that one of her two kids might have been infected with COVID-19. The whole family may have been infected, she...

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October 23, 2020
Unemployment fraud concerns prompt action in California

At least 350,000 debit cards filled with money for unemployment benefits in California have been frozen because of suspected fraud, state officials said, revealing how prevalent the problem has become...

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October 23, 2020
Stock market could well be off to the races again soon, technical analyst tells Boom Bust

As the coronavirus pandemic drags on, the fight for a stimulus deal in the US continues to rage. RT's Boom Bust explores what effect the turbulent talks might have on...

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October 23, 2020
Huawei’s revenue growth slows sharply as Covid-19 & US sanctions bite

Chinese telecoms giant Huawei said the company's revenue growth slowed significantly in the third quarter of 2020 as a result of the Covid-19 pandemic and US sanctions, which had disrupted...

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October 23, 2020
To fight gentrification, a working-class Miami enclave wins plan to spur development

Residents and property owners who banded together in the newly rechristened working-class neighborhood of Wynwood Norte have won Miami commissioners' enthusiastic approval for an innovative plan that would tame looming...

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October 23, 2020
Chinese & Indian households getting richer during Covid pandemic while wealth in US declines – Credit Suisse

A new report by Credit Suisse has found that the coronavirus pandemic has led to a decline in individual wealth worldwide. However, household wealth in China and India has bucked...

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October 23, 2020
OPEC+ crude production cuts could be extended – Putin

Russia does not rule out the possibility that OPEC+ could extend its current 7.7 million barrels per day of production cuts into next year, according to Russian President Vladimir Putin....

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October 23, 2020
Britain seals first major post-Brexit free trade deal with Japan

London and Tokyo signed a major free trade agreement on Friday, which is expected to increase commerce between the two countries by an estimated €16.8 billion ($19.9 billion). The new...

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October 22, 2020
Hong Kong slaps Goldman Sachs with record fine over looting of Malaysia’s state fund

Goldman Sachs (Asia) has been fined $350 million by Hong Kong's Securities and Futures Commission (SFC) for its role in a multibillion-dollar scandal that involved top Malaysian officials, including its...

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October 22, 2020
British Airways facing increasing losses as Covid-19 restrictions batter travel demand

Cash-strapped International Airlines Group (IAG), which operates British Airways, has been forced to cut its flight schedule for the rest of the year as the coronavirus lockdowns continue to restict...

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October 22, 2020
US economy looks to be on indefinite life support from government, Professor Wolff tells Boom Bust

The US is facing a very serious economic downturn and the current “political bickering” about new stimulus measures isn't doing any good for the American people, Professor Richard Wolff told...

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October 22, 2020
We’re moving from the American century to a Chinese century – Max Keiser

The hosts of RT's Keiser Report note that global perception in advanced economies has shifted so that China is seen as the world's number one economic power. Max Keiser and...

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October 22, 2020
Silver investment demand nearly triples during year of pandemic

Data by the Silver Institute shows that global silver-backed Exchange-Trade Products' holdings rose by 297 million ounces through the first three quarters of 2020, nearly tripling the growth seen during...

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October 22, 2020
US dollar on path to ‘significant depreciation’ over next few years, Standard Chartered warns

Another gloomy prediction for the fate of the greenback has been voiced by an analyst at Standard Chartered Bank, who warned that the dollar is heading for “a multi-year depreciation,”...

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